20724 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 20724 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMaryland
CityLaurel
Time ZoneAmerica/New_York
Geo Location39.1011, -76.80393
Population18059
Size20.76 square miles
Median Family Income$101653.00
Median Home Value$334100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 20724 zip code. The total population is 18059, of which, 8321 are male and 9738 are female. With a total area of 20.76 square miles, the population density is 843.6 people per square mile. The median age of the population is 34.4 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201116065
201215177
201316024
201417000
201517060
201617647
201717696
201817736
201917513
202017681
202118059

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 12677%
Age 5-910796%
Age 10-1415158.4%
Age 15-199745.4%
Age 20-2416289
Age 25-2914207.9%
Age 30-3413127.3%
Age 35-3913027.2%
Age 40-441616 8.9%
Age 45-4910866%
Age 50-5413567.5%
Age 55-5912216.8%
Age 60-6411356.3%
Age 65-693872.1%
Age 70-742581.4%
Age 75-792011.1%
Age 80-84930.5%
Age 85 and over2091.2%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 22.3 %
  • Speaks Spanish: 13.3 %
  • Speaks Other Indo-European Language: 2.9 %
  • Speaks Pacific Island Languages: 2 %
  • Speak Other Languages: 4.1 %
Marital Status: 
  • Currently Married: 43.7 %
  • Divorced: 11.2 %
  • Separated (not divorced): 3 %
  • Never Married: 40.2 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 20724 zip code is $101653. This is 56.13% greater than the national average. This income places 12% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $29273. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00183
$10,000.00 – $14,999.000
$15,000.00 – $24,999.00217
$25,000.00 – $34,999.00242
$35,000.00 – $49,999.00500
$50,000.00 – $74,999.00333
$75,000.00 – $99,999.00762
$100,000.00 – $149,999.00972
$150,000.00 – $199,999,00834
$200,000.00 +509

YearMedian Family Income ($ USD)
201181695
201286106
201395417
201492569
201599605
2016102926
2017100900
2018105762
2019105458
2020109149
2021101653

Income Source# of Households
Wage or Salary6142
Self Employment546
Social Security806
Dividends, Interest, or Rental685
Retirement1151
Other873

Total Insured & Uninsured Individuals: 
  • Families Insure: 15874
  • Families Uninsured: 1847
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1151
  • No retirement income: 5811

Education

In the 20724 zip code, 92.6% of individuals over 25 years old have a high school degree or higher, and 48.2% have a bachelors degree or higher. Additionally, 26.4% of individuals 3 years and older are in private school, and 73.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 20724 zip, there are an estimated 11072 people in the labor force, of which, 9808 are employed, and 1001 are unemployed. There are a total of 263 people in the armed forces. The average commute time for this zip code is 33.9 minutes. Of the total people that work, 1331 worked from home and 9855 commuted. The average number of hours worked is 39.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts4898
Services1233
Sales and Office2100
Construction and Maintenance:576
Transportation and Material Moving1001





Housing

The median home value for the 20724 zip code is 334100. There is an estimated  6962 number of occupied housing units, the median gross rent in is $2027 per month, and the average monthly housing costs are estimated to be $1974. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000182
$50,000 – $99,00072
$100,000 – $149,9990
$150,000 – $199,99934
$200,000 – $299,9991179
$300,000 – $499,9992660
$500,000 – $999,999174
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later33
2010 – 2019507
2000 – 2009708
1980 – 19993503
1960 – 19791686
1940 – 1959504
1939 or earlier21

The median number of rooms in all housing units is 6 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50024
$500 – $99946
$1,000 – $1,499332
$1,500 – $1,999842
$2,000 – $2,4991370
$2,499 – $2,99921
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300275
300-499236
500-799467
800-99979
1000-1499732
1500-19991789
2000-24992353
2500-2999745
3000+260

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1486
20%-24.9%781
25%-29.9%166
30%-34.9%109
35+%843



# of VehiclesHouseholds
None218
12356
22910
3+1478
Home Heating Characteristics: 
  • Utility Gas: 60.8 %
  • Bottle Tank or LP Gas: 0.8 %
  • Electricity: 37.1 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 1 %
  • All Other: 0.2 %

Related Zip Codes


All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.